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International Entertainment News

Thursday, November 18, 2004

SportsNuts, Inc. CEO Announces New Vision for $75 Billion Leisure Sports Market

SportsNuts, Inc. CEO Announces New Vision for $75 Billion Leisure Sports Market DRAPER, Utah, Nov. 18 /PRNewswire-FirstCall/ -- SportsNuts, Inc. (BULLETIN BOARD: SPCI) CEO, Kenneth Denos, is pleased to announce his strategy for capitalizing on the $75 Billion Leisure Sports Market. "Following the spin off of Synerteck, SportsNuts is now focused on the roll up and acquisition of leisure sports manufacturers. SportsNuts management has been building a market for sports products based upon this nation's passion for sports. It is our goal to harness this passion and turn it into profits for our shareholders," stated Kenneth Denos, SportsNuts CEO. Management plans on implementing its new roll up strategy of various sports manufacturers in the 1st quarter of 2005. "We fully expect that this strategy will improve both the asset base and the revenue stream for SportsNuts," commented Mr. Denos. SportsNuts acquisition strategy will help make the current SportsNuts events more profitable and efficient. SportsNuts promotes its events through various media channels, attracts corporate sponsorships, and provides the technology tools to decrease administrative and personnel costs. The company is able to generate additional revenues through the sale of merchandise through their online sports mall at www.sportsnuts.com. "We expect revenues in 2004 to be between $900,000 and $1 million, up from $660,000 in 2003. We're looking forward to taking this momentum into the New Year," stated Mr. Denos. Safe Harbor This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Exchange Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. For further information, please contact Matt Maguire of Big Apple Consulting, +1-407-884-0444, matt@bigappleconsulting.com, for SportsNuts, Inc. Source: SportsNuts, Inc. CONTACT: Matt Maguire of Big Apple Consulting, +1-407-884-0444, matt@bigappleconsulting.com, for SportsNuts, Inc. Web site: http://www.sportsnuts.com/ ------- Profile: International Entertainment

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